Maybe this is the reason for LGL getting smnashed today:
"We've been here before haven't we? Gold has been in a rising trend for some considerable time, taking it to trendline or resistance targets, and then "wham!" it gets whacked back down again. Certainly the long-term outlook for gold is excellent, especially given the strong and increasing demand for physical, but over the short to medium-term it now looks set to get taken down again."
http://news.goldseek.com/CliveMaund/1231103190.php
what the hell, page-6
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Last
$1.43 |
Change
0.035(2.52%) |
Mkt cap ! $173.9M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.43 | $1.39 | $5.073K | 3.633K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1524 | $1.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 13445 | 1 |
View Market Depth
| Last trade - 15.59pm 09/08/2024 (20 minute delay) ? |
| LGL (ASX) Chart |